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Hypes, funds, fiat money

Startup Nivaura raised more than $ 20 million in investments

Startup Nivaura received $ 20 million investment

Nivaura, the British blockchain-startup, collected more than $ 20 million on the London Stock-Exchange (LSEG).

The results of the closing of the second round of investment expansion became known today, February 27. According to the report, Santander InnoVentures, MiddleGame Ventures, a division of VC Bank in Spain, Linklaters and Orrick local law companies, and a subsidiary of the Aegon global pension fund invested in blockchainBlockchainis a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details startups.

Startup Nivaura on the London Stock-Exchange

Recall that the first round of the start-up on the stock-exchange was closed in October 2017, then an additional one was appointed in January 2018. The second round was commented by the general director of the project, stating that interest in a startup does not cease to grow.

"We are witnessing the growing appetite of large financial institutions for practical innovations that go beyond fashionable words and conceptual solutions in the field of digital investment banking." – Nivaura CEO, Avtar Sehra.

From the application on the startup site, all proceeds will be used to significantly increase the number of personnel in all areas (including hiring in the field of machine learning and natural language processing), expansion in the US and Asia. Also, part of the money collected by Nivaura will be used for further research and development.

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